Waterman is a private equity firm established in 2004 to provide later stage expansion funding and capital for mid-market buyouts in New Zealand. Waterman has a long term, value adding investment philosophy and takes a prudent approach to borrowing.

Waterman was founded by executive directors, Matt Riley and Chris Marshall. Both directors have in excess of 12 years private equity experience in New Zealand and are regarded as the most experienced team in the lower mid-market space. They have personally been substantial investors in each of Waterman's funds ensuring alignment with all stakeholders.

When considering acquisitions Waterman looks for:

• Experienced management team
• Strong market position
• Track record of profitability and positive cash flows
• Growth potential
• Industries with positive characteristics

Waterman has a strong track record of investing in and adding value to businesses in the mid-market space. These companies form the heart of the New Zealand economy and offer significant growth potential providing they can access adequate capital.

Waterman's philosophy is that superior returns in private equity are achieved through adding value both strategically and operationally to investee companies. Our internal resource is experienced at assisting businesses develop and implement strategic initiatives. This resource is available to complement the skill set already existing within the senior management of the business.

Because business is about partnerships our team looks to establish strong relationships with all stakeholders - fellow shareholders, senior management, key customers and suppliers. This helps establish an enduring partnership which will survive the ups and downs that any business encounters.